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Geneva could create hospitality tax for hotels to help pay for 5&20 streetscape maintenance

  • / Updated:
  • Staff Report 

Geneva could soon have a hospitality tax.

The Finger Lakes Times reported over the weekend that it’s one of the ways the City is looking to underwrite costs long-term maintenance costs for streetscape changes along 5&20.

Hospitality taxes are relatively common.

Finger Lakes Partners (Billboard)

Local leaders don’t believe a local hospitality tax would prevent people from staying at hotels in the city. The city already has a room tax, though, so this would be in addition to that.

A 3% hospitality tax would generate a little under $300,000 per year from the city’s four hotels.

So far, it’s unclear if City Council will consider it.